Chile's low growth amid no confidence and high leverage
Jun 30, 2015 09:29 am UTC| Commentary
Chile economy continues to be stuck in a low growth mode. Consumer and producer sentiment remains pessimistic. Corporate and household leveragelevels are high according to the latest Financial Stability Report...
Sweden Riksbank still watching SEK strength
Jun 30, 2015 08:58 am UTC| Commentary
The current bond purchase program continues through September, but long-term yields have increased, perhaps reflecting liquidity concerns in the bond market and the move in German bund yields. Higher long-term yields and a...
Brazil's new policy framework includes weaker currency
Jun 30, 2015 08:01 am UTC| Commentary
The new Brazil policy framework involves tighter monetary and fiscal policy, and a weaker exchange rate induced by less central bank intervention. Since the new economic team led by Finance Minister Joaquim Levy was...
Hungary's GDP growth likely to slow down to 3.5% in 2015
Jun 30, 2015 07:49 am UTC| Commentary
Hungarys first quarter GDP growth of 3.3% yoy was dragged by fixed investment (-3.5% yoy, largely due to a high base) and public consumption. Private consumption and net exports maintained solid momentum, as the economy is...
National Bank of Poland may stay neutral on PNL
Jun 30, 2015 07:42 am UTC| Commentary
Polands industrial production growth recovered to 5.3% yoy in May from a soft April reading of 2.7% in seasonally and working-day adjusted terms, maintaining the growth momentum at the beginning of the year. Food sales...
Mexican peso to follow global events
Jun 30, 2015 07:30 am UTC| Commentary
The Mexican peso will likely continue moving to the tune of global market gyrations with all eyes looking at Greece. The peso reacted in line with LatAm FX markets that in spite of seeing volatility episodes, still fared...
PLN: Government reiterates defence against Greek spillover
Jun 30, 2015 07:26 am UTC| Commentary
The Polish zloty, along with the forint, featured among top underperformers of the past week as developments surrounding Greece escalated, the underperformance reflects the hi-beta nature of the currencies, which manifests...